2020-11-15T20:01:16-06:00 2019-12-31 350921680 CROWE LLP 135 N Pennsylvania Street Suite 200 Indianapolis IN 46204 990 2019-01-01 356017715 Greater Indianapolis Chamber of Commerce Foundation Inc GREA 3174642200 111 Monument Circle Suite 1950 Indianapolis IN 46204 VANDANA KAPUR CFO 2020-11-15 true NICOLE BENCIK P00756195 3176321100 2019 2021-01-29 14:40:06Z MICHAEL HUBER 111 Monument Circle Suite 1950 Indianapolis IN 46204 1947698 false X www.indychamber.com X 1955 IN TO ENCOURAGE, AID OR PROMOTE EDUCATIONAL OR CHARITABLE ORGANIZATIONS' ENDEAVORS OR ACTIVITIES AND TO OPERATE FOR THE BENEFIT OF THE GREATER INDIANAPOLIS CHAMBER OF COMMERCE. 10 10 0 10 0 0 1212995 1947698 0 0 0 0 0 0 1212995 1947698 566500 362990 0 0 0 0 0 0 0 755307 836536 1321807 1199526 -108812 748172 115515 803640 191358 131311 -75843 672329 THE GREATER INDIANAPOLIS CHAMBER OF COMMERCE FOUNDATION'S MISSION IS TO ENCOURAGE, AID OR PROMOTE EDUCATIONAL OR CHARITABLE ORGANIZATIONS' ENDEAVORS OR ECONOMIC DEVELOPMENT ACTIVITIES AND TO OPERATE FOR THE BENEFIT OF THE CHARITABLE, EDUCATIONAL AND ECONOMIC DEVELOPMENT PURPOSES OF THE GREATER INDIANAPOLIS CHAMBER OF COMMERCE. false false 869026 39990 ECONOMIC DEVELOPMENT/CIVIC IMPROVEMENT: THE CHAMBER FOUNDATION PROVIDES SUPPORT FOR THE CONTINUED ECONOMIC DEVELOPMENT OF INDIANAPOLIS. THESE PROGRAMS PROMOTE THE COMMON INTERESTS OF BUSINESSES AND IMPROVE GENERAL BUSINESS CONDITIONS BY PROMOTING, ENCOURAGING AND AIDING THE FORMATION, OPERATION, AND EXPANSION OF NUMEROUS TYPES OF BUSINESSES, AND TO DEVELOP AND ADMINISTER PROGRAMS TO ENCOURAGE EMPLOYERS TO LOCATE AND REMAIN IN THE GREATER INDIANAPOLIS AREA. THE FOCUS IS TO STRATEGICALLY MAXIMIZE PRIVATE SECTOR INVESTMENT, TO DRIVE ECONOMIC DEVELOPMENT AND PROSPERITY FOR THE GREATER INDIANAPOLIS REGION BY CREATING AN ENVIRONMENT OF GROWTH, INVESTMENT AND ENHANCED QUALITY OF LIFE, AND TO WORK TOWARD MAKING INDIANAPOLIS A GLOBAL HUB FOR SMART BUSINESS AND A COMMUNITY OF THRIVING NEIGHBORHOODS. 330500 323000 PUBLIC POLICY/EDUCATION/CHARITABLE ACTIVITIES: THE FOUNDATION SUPPORTS THE GREATER INDIANAPOLIS CHAMBER OF COMMERCE'S EDUCATION AND CHARITABLE ACTIVITIES. THE FOUNDATION ALSO SUPPORTS CHARITABLE ORGANIZATIONS TO THE BETTERMENT OF THE INDIANAPOLIS AREA, WHICH SUPPORTS THE MISSION OF THE GREATER INDIANAPOLIS CHAMBER OF COMMERCE. 1199526 true true false false false false false false false false false false false false true true true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 10 10 false false false false false true false true false false false true true true true false false false false false IN X VANDANA MATHUR KAPUR 3174642200 111 MONUMENT CIRCLE SUITE 1950 INDIANAPOLIS IN 46204 CONNIE BOND-STUART CHAIRMAN OF THE BOARD 1.0 1.0 X X 0 0 0 BRIAN J Sullivan Director 1.0 1.0 X 0 0 0 ENRIQUE CONTERNO Director 1.0 0 X 0 0 0 JOHN T Neighbours Director 1.0 1.0 X 0 0 0 JOHN THOMPSON Director 1.0 1.0 X 0 0 0 KRISTIN Mays-Corbitt Director 1.0 1.0 X 0 0 0 MICHAEL E Bosway DIRECTOR 1.0 0 X 0 0 0 ROB HILLMAN Director 1.0 1.0 X 0 0 0 STEVEN F Walker Director 1.0 1.0 X 0 0 0 THOMAS M O'Neil Director 1.0 1.0 X 0 0 0 MICHAEL HUBER President/CEO 2.0 40.0 X 0 384620 45422 VANDANA KAPUR Chief Financial Officer 2.0 40.0 X 0 181670 44382 0 566290 89804 0 false true false 0 1947698 1947698 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1947698 0 0 0 X 362990 362990 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 836536 836536 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1199526 1199526 0 0 0 0 0 0 90515 796855 0 0 25000 5000 1785 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 115515 803640 190733 131311 0 0 0 0 0 0 0 0 0 0 0 0 0 0 625 0 191358 131311 X -85828 52222 9985 620107 0 0 0 0 0 0 -75843 672329 115515 803640 748172 0 X false true X true false X X X 1 GREATER INDIANAPOLIS CHAMBER OF COMMERCE 350412920 9 true 362990 0 1 362990 0 true false true true true false false false false false false false false false false false false true false Schedule A, Part IV, Section A, Line 3b Qualified Under 501C(4)(5) Or (6) ON AN ANNUAL BASIS, THE SUPPORT TEST IS CALCULATED, ON A PROFORMA BASIS, FOR THE SUPPORTED ORGANIZATION (GICC). GICC RECEIVES THE MAJORITY OF IT'S SUPPORT THROUGH MEMBERSHIP FEES. GIVEN THIS FACT, THE CHAMBER EASILY SATISFIES THE PUBLIC SUPPORT TEST Schedule A, Part IV, Section A, Line 3c Support To Org. Used Exclusively Sec. 170(c)(2)(B) Purposes THE FOUNDATION MONITORS EACH GRANT BASED UPON THE TERMS PROVIDED IN THE GRANT AGREEMENT. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED PAYABLE TO GREATER INDIANAPOLIS CHAMBER OF COMMERCE - ECONOMIC DEVELOPMENT 0 0 X 1947698 0 0 1947698 0 0 1947698 1199526 0 0 1199526 0 0 1199526 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote Accounting standards require that the Foundation disclose the amount of potential benefit or obligation to be realized as a result of an examination performed by a taxing authority. For the years ended December 31, 2019 and 2018, management has determined the Foundation does not have any tax positions that result in any uncertainties regarding the possible impact on the Foundation's financial statements. The Foundation does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The Foundation recognizes interest and/or penalties related to income tax matters in income tax expense. The Foundation did not have any amounts accrued for interest and penalties at December 31, 2019 and 2018. true Greater Indianapolis Chamber of Commerce 111 Monument Circle Suite 1950 Indianapolis IN 46204 350412920 501(c)6 362990 N/A N/A ECONOMIC DEVELOPMENT & EDUCATION 0 1 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. EACH GRANT IS MONITORED BASED UPON THE TERMS PROVIDED FOR IN THE GRANT AGREEMENT. false false false MICHAEL HUBER President/CEO 0 288640 0 95980 0 0 0 13750 0 31672 0 430042 0 0 VANDANA KAPUR Chief Financial Officer 0 158838 0 22832 0 0 0 8710 0 35672 0 226052 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE FOUNDATION SHARES MANAGEMENT WITH THE GREATER INDIANAPOLIS CHAMBER OF COMMERCE (GICC). GICC USES THE FOLLOWING TO DETERMINE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL: COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body PER THE FOUNDATION'S BYLAWS, THE DIRECTORS ARE APPOINTED ANNUALLY BY THE BOARD OF DIRECTORS OF THE GREATER INDIANAPOLIS CHAMBER OF COMMERCE, A RELATED TAX-EXEMPT ORGANIZATION Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body THE FOUNDATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Line 11b Review of form 990 by governing body THE ORGANIZATION'S FORM 990 IS REVIEWED IN DETAIL BY MANAGEMENT. ONCE MANAGEMENT HAS FINISHED THEIR REVIEW THE FORM 990 GOES TO THE BOARD OF DIRECTORS FOR REVIEW. THE BOARD OF DIRECTORS MUST APPROVE THE FILING OF THE FORM 990. Form 990, Part VI, Line 12c Conflict of interest policy THE FILING ORGANIZATION USES THE CONFLICT OF INTEREST POLICY ENFORCED BY THE GREATER INDIANAPOLIS CHAMBER OF COMMERCE. THE POLICY COVERS ALL FOUNDATION OFFICERS AND DIRECTORS. ANNUAL QUESTIONNAIRES ARE COMPLETED BY EACH INTERESTED PERSON. THE QUESTIONNAIRES ARE THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER OF THE CHAMBER. THE FOUNDATION'S PRESIDENT IS THEN MADE AWARE OF ANY POTENTIAL CONFLICTS THAT EXIST. IF A CONFLICT IS DETERMINED TO EXIST, THE DIRECTOR IS ASKED TO EXCUSE HIM OR HERSELF FOR ANY DISCUSSIONS AND/OR DECISIONS THAT INVOLVED THE CONFLICT. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees FAEGRE BAKER DANIELS - Total Expense: 473999, Program Service Expense: 473999, Management and General Expenses: , Fundraising Expenses: ; OTHER PROFESSIONAL FEES - Total Expense: 362537, Program Service Expense: 362537, Management and General Expenses: , Fundraising Expenses: ; GREATER INDIANAPOLIS CHAMBER OF COMMERCE 111 MONUMENT CIRCLE SUITE 1950 INDIANAPOLIS IN 46204 350412920 MEMBER SERVICES IN 501(c)(6) NA false NEIGHBORHOOD SELF EMPLOYMENT INITIATIVE INC DBA BUSINESS OWNERSHIP INITIATI VE OF INDIANA 111 MONUMENT CIRCLE SUITE 1950 INDIANAPOLIS IN 46204 352028160 CHARITABLE IN 501(c)(3) 7 GREATER INDIANAPOLIS CHAMBER OF COMMERCE false INDY CHAMBER LLC 111 MONUMENT CIRCLE SUITE 1950 INDIANAPOLIS IN 46204 472819315 INSURANCE IN GREATER INDIANAPOLIS CHAMBER OF COMMERCE C Corporation 0 false false true true false false false false false false false false false true true true true false false false